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US Treasury Secretary Basent: Tariffs will bring in hundreds of billions of dollars in annual revenue

Internet reports that U.S. Treasury Secretary Basent said that permanent retention of tax provisions in the Republican bill would provide certainty. He is "very optimistic" about the deficit outlook. Tariffs will bring in hundreds of billions of dollars in revenue every year. Several major trade agreements are expected to be reached in the next two to three weeks. He is not particularly worried about what the market is thinking.

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